Days after media outlets from all over the world reported that the Labuan branch of the China Construction Bank (CCB) had issued the nation’s first-ever blockchain-powered RMB bonds, the bank in question has moved to deny the veracity of the reports, adding that it has no links with “cryptocurrencies including bitcoin.”
A South Korean minister has been championing blockchain-powered payments, claiming they have the power to transform the business landscape for smaller businesses in the country.
The Chinese Blockchain Service Network (BSN), already active in all major Middle Kingdom cities and continuing to add interoperability options, could pose a major threat to America’s dominance in the digital realm says a security expert and former CIA official – raising questions over the project's possible implications for the crypto sector.
Crypto and blockchain advocates in Spain have cause for cheer after the country’s senate unanimously voted in favor of launching a new regulatory fintech testbed that will allow companies to launch blockchain, bitcoin (BTC) and other crypto-related projects.
World leaders may have been racing to congratulate United States President-elect Joe Biden on his projected win over President Donald Trump – but like the incumbent commander-in-chief, one crypto artist says he will wait for conclusive proof of Biden’s election triumph before declaring a victor.
Russia’s new blockchain-powered voting systems could be exploited by unscrupulous politicians, becoming “tools” for the architects of rigged elections and voter fraud, a journalist has alleged.
The Japanese blockchain firm LayerX has said it is “working with local governments” on possible blockchain voting solutions – as the country continues to look for IT-powered ways to reduce face-to-face contact in administrative processes as a coronavirus pandemic-mitigating measure.
Japanese financial giant the Mitsubishi UFJ Financial Group (MUFG) will launch a blockchain technology-based payment service in spring 2021, along with American cloud and network firm Akamai Technologies. Akamai is based in Cambridge, Massachusetts, and, per Nikkei, the new platform will provide “high-speed, large-capacity services” and serve a number of financial needs.
A South Korean doctor says that it is an “inevitability” that medics in the country will turn to blockchain and other industry 4.0 technology advances in the wake of a flu vaccine error that has killed at least 59 people. Kim Mi-ri, an ear, nose and throat specialist who works in Seoul’s busy Yongsan District, told Cryptonews.com,
Japanese trading company and business giant Sumitomo is set to team up with bitFlyer, the country’s biggest crypto exchange, to jointly build a blockchain-powered real estate rental and property management platform that its masterminds say will help digitize the entire house rental process for both tenants and landowners.